The implied volatility in the put contract example is 35%, while the implied volatility in the call contract example is 30%. Should the covered call contract expire worthless, the premium would represent a 2.87% boost of extra return to the investor, or 20.97% annualized, which we refer to as the YieldBoost.Ĭlick here to find out the Top YieldBoost Calls of the S&P 500 » On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. Not only does this instill a sense of fairness across the organization, we’re also able to accurately reward our top performers.Considering the fact that the $31.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. This pay-for-performance program, coupled with an industry-defined salary structure, creates greater transparency among employees about how their performance impacts their total compensation.

We increased this commitment by adjusting our annual incentive plan to require the company to meet certain ESG metrics before employees are eligible for “above target” payouts, regardless of performance in other areas of the business. Those employees who meet or exceed their goals receive a higher bonus payout.Įnvironmental and safety metrics have always played a prominent role in determining employee compensation.

Our performance management program makes each employee responsible for Chesapeake’s success as employees set individual annual goals that support the company’s business objectives. The company’s compensation program is designed to attract, retain and competitively compensate top talent while aligning compensation with company performance.

Chk options chain